21A & 21B Military Road,
Avondale Heights, VIC 3034
Shops & Retail
Price information
Sold
$1,061,000
Detailed listing
Key property information
Floor area
Car spaces
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3 in 1 Golden Investment Opportunity!
In a high-profile retail precinct, this rare cluster of three properties (all on one title) makes an ideal choice for astute investors with its perfect location, value-adding potential and rewarding returns.
The property itself (Business 1 Zoned) consists of two ground-floor shop fronts and a separate upstairs apartment comprising two bedrooms, central bathroom, spacious lounge, kitchen/meals area, newly installed windows and sliding doors and a spacious balcony.
___21A shop with secure tenancies in place for $18,000 per annum plus GST leased until September 2021.
___ 21B: shop vacant, anticipated rental of approximately $1,900 per calendar month
___Upstairs apartment leased month by month for $1,200 per calendar month.
Both shops include essential staff amenities and storage areas as well as off-street parking via rear ROW. With a current passing rental of $24,200 per annum, with the potential to be increased to $47,000 per annum.
DOUGLAS KAY REAL ESTATE
280 HAMPSHIRE ROAD
SUNSHINE VIC 3020
The property itself (Business 1 Zoned) consists of two ground-floor shop fronts and a separate upstairs apartment comprising two bedrooms, central bathroom, spacious lounge, kitchen/meals area, newly installed windows and sliding doors and a spacious balcony.
___21A shop with secure tenancies in place for $18,000 per annum plus GST leased until September 2021.
___ 21B: shop vacant, anticipated rental of approximately $1,900 per calendar month
___Upstairs apartment leased month by month for $1,200 per calendar month.
Both shops include essential staff amenities and storage areas as well as off-street parking via rear ROW. With a current passing rental of $24,200 per annum, with the potential to be increased to $47,000 per annum.
DOUGLAS KAY REAL ESTATE
280 HAMPSHIRE ROAD
SUNSHINE VIC 3020
Property ID: 503383310Last Updated: 2 Feb 2020
04213859...
21A & 21B Military Road
Avondale Heights, VIC 3034
Detailed listing
Douglas Kay Real Estate - Sunshine280 Hampshire Road
SUNSHINE, VIC 3020
SUNSHINE, VIC 3020
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